XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.030%

Price spread now: Nado against dYdX+0.045%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$600.600% of the position

Long on dYdX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.094%+$9 on $10k

Price spread, last 4 days (all we have)+0.123%+$12 · spread now +0.045%, 7d avg +0.031%

Together, before fees+0.217%+ Points / potential airdropNado: Active · farm board+$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XRP-USD	1.5542	0	get 0.0000% / 1h	19m 15s	$1.1M	$113K	10x
Short	Nado XRP-PERP	1.5549	0.0100	get 0.0012% / 1h	19m 15s	$1.1M	$5.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee NadobpOrdersPrice spread, now +0.045%Rate

Funding earned: $21
Price spread: +0.045% → +0.031%: $1.4
Slippage, 4 orders: −$43.02
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$37.62
Costs to cover: 0.600%
Break-even: 19.5 days

Slippage from dYdX: live order book, 5 min ago; Nado: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy dYdX live order book, 5 min ago	13.47 bp	18.5 bp −$18	18.5 bp −$185	19.8 bp −$1,981	57.3 bp −$28.7K
Sell Nado live order book, 5 min ago	0.32 bp	4.7 bp −$5	10.9 bp −$109	doesn't fit	doesn't fit

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5550	+0.048%	$7K	$2K	20x	as long as short
dYdX XRP-USDlong	0.0000%	1h	1.5542	long leg	$1.1M	$113K	10x
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5552	+0.061%	$9.6M	$25.3M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5556	+0.088%	$260K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.113%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5549	+0.044%	$15.5M	$68.5M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0054%	8h	1.5549	+0.042%	$78K	$949K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0118%	1h	1.5559	+0.106%	$1.1M	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5554	+0.075%	$3.0M	$12.3M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5554	+0.074%	$441K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERPshort	+0.0100%	1h	1.5549	+0.045%	$1.1M	$5.4M	20x
Aster XRPUSDT	+0.0100%	8h	1.5554	+0.074%	$39.4M	$78.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5545	+0.016%	$640K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5552	+0.061%	$559.4M	$1.98B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5552	+0.061%	$346.5M	$900.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5550	+0.048%	$127.6M	$881.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5556	+0.087%	$580K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5549	+0.042%	$119K	$742K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5567	+0.156%	$1.7M	$578K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5552	+0.061%	$374.0M	$140.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5551	+0.055%	$296.0M	$858.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5554	+0.071%	$113.8M	$159.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5550	+0.048%	$271.7M	$363.7M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5551	+0.055%	—	$118.6M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5549	+0.039%	$11.8M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5567	+0.157%	$676K	$102.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5574	+0.201%	$1.1M	$41.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5555	+0.081%	$1.0M	$883K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5558	+0.100%	$47K	$447K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5560	+0.112%	$42K	$66K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5551	+0.052%	$837K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5565	+0.144%	$131K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5550	+0.048%	$33K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5551	+0.054%	$51.1M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5552	+0.061%	$55.3M	$29.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5553	+0.068%	—	$10K	10x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5541	−0.008%	$485K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5551	+0.055%	$11K	$261K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5546	+0.024%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5547	+0.029%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5555	+0.081%	$8K	$8K	10x	as long as short
Hibachi XRP/USDT-P	+0.0208%	1h	1.5566	+0.149%	$18K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5555	+0.081%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5558	+0.100%	$5.8M	$47.2M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5549	+0.042%	$24.5M	$73.8M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0294%	1h	1.5560	+0.113%	$1.8M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0322%	8h	1.5556	+0.087%	$1.9M	$32.9M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5560	+0.113%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5557	+0.092%	$509K	$630K	10x	as long as short
Hyperliquid XRP	+0.0597%	1h	1.5567	+0.158%	$290.3M	$203.7M	20x	as long as short
Aftermath Perps XRPUSD	+0.0760%	1h	1.5559	+0.104%	$1K	$11K	10x	as long as short